Brief: Global New Material International Proposes Issuance Of RMB-Denominated HKD-Settled Convertible Bonds
18/09/2026 02:47
BRIEF-Global New Material International Proposes Issuance Of RMB-Denominated HKD-Settled Convertible Bonds Sept 18 (Reuters) - Global New Material International Holdings Ltd 6616.HK:
PROPOSED ISSUANCE OF RMB DENOMINATED HKD SETTLED CONVERTIBLE BONDS
TO ISSUE RMB1.3 BILLION CONVERTIBLE BONDS
NET PROCEEDS FROM CONVERTIBLE BONDS RMB1,280.7 MILLION (HK$1,497.7 MILLION)
ON INITIAL CONVERSION PRICE OF HK$10.93/SHARE CONVERTIBLE BONDS WILL BE CONVERTIBLE INTO 139.1 MILLION SHARES
Further company coverage: 6616.HK
((Reuters.Briefs@thomsonreuters.com;))
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